Sentences with phrase «other bank in the country»

The central bank of Saudi Arabia has signed an agreement with Ripple, paving the way for a pilot project through which the bank will help other banks in the country send payments internationally using technology provided by the blockchain company.

KB Financial raised $ 13.1 billion in 182 bond deals for its clients in Korea, a higher value than any other bank in the country last year.

Not exact matches

Federal Labor MP Pat Conroy will demand to know why Australian banks have higher returns on equity than those in other countries when he questions bank chief executives attending a Canberra hearing next week.

Interest rates are low throughout the developed world, except in countries experiencing fiscal crises, as central banks and other policymakers try to cope with continuing financial strains and weak economic conditions.

In a letter to U.S. authorities last month, the Big Six Canadian banks claim it would be «impossible... to determine whether a unitholder is communicating from a location within Canada, the United States or some other country.»

Bilinkis's bank account — along with every other account in the country — had been frozen by executive decree three weeks earlier.

«Canada has very little influence over the banking in other countries, and I don't think we should pay anything for their bad management practices,» said one respondent.

The scant regulation early in the country's life, and the wide variety of paper currencies in circulation via private banks and other state - chartered companies like insurance vendors and railroads, meant a free - for - all for any enterprising soul with a flair for forgery.

The problem isn't Deutsche Bank in his mind, though — it's other banks in a similar position that don't have countries like Germany to bail them out.

President Xi Jinping showed a deft hand in announcing moves to ease trade tensions with the U.S. and other countries, but negotiations are still ahead, says Koon How Heng of United Overseas Bank.

In other countries, he notes, banks are making products more tangible by allowing customers to shop for them in off - the - shelf boxes, which makes things like getting a new bank card as easy as picking up cornflakes at your local supermarkeIn other countries, he notes, banks are making products more tangible by allowing customers to shop for them in off - the - shelf boxes, which makes things like getting a new bank card as easy as picking up cornflakes at your local supermarkein off - the - shelf boxes, which makes things like getting a new bank card as easy as picking up cornflakes at your local supermarket.

At least 10 other banks are under investigation in at least half a dozen countries (including Canada) for pulling similar schemes.

The hackers took money from banks in Japan, the Netherlands, Russia, Switzerland and the U.S and transferred it to fake accounts in other countries, reports The New York Times.

This means he is prepared to be more forgiving in terms of past credit problems, will accept income volatility among the self - employed, and will ease onerous requirements to produce bank records from other countries when it comes to writing mortgage insurance policies for immigrants.

Such affiliations are cropping up among small banks all across the country, in part because they've got to compete not only with bigger banks but with credit - card companies and other financial - services organizations that offer this type of full - service menu and are hungry for a share of the small - and midsize - business market.

«The preferred solution, in the opinion of many of these countries, is for the United States to internalize the effects of its monetary policies — more specifically, not to exit or at least to do so at a time that is more convenient for others,» Deputy Bank of Canada Governor John Murray recently said in prepared remarks for a speech about the likely effects of the end of QE.

December 2002 (769 kb PDF file): Research summaries on IMF conditionality and country ownership of reforms and on public policies and the Millennium Development Goals; country / area study: Hong Kong SAR; summaries of conferences on challenges to central banking from globalized financial systems and on globalization in historical perspective; agenda of Third Annual IMF Research Conference; summary of September 2002 World Economic Outlook; visiting scholars at the IMF; contents of latest issue of IMF Staff Papers, other IMF research publications.

While it has long mastered the supply chain for its mobile devices, the payments ecosystem has proved harder to control, and banks in other countries have reportedly negotiated lower transaction fees, contributing to its slow global roll - out.

On the one hand, the U.S. central bank is in moving into tightening mode, while on the other is China's central bank is devaluing its currency as that country deals with a growth recession (despite the positive GDP number they are reporting publicly).

Austria, the other country whose AAA rating was cut a notch on Friday, could be in for trouble if the political turmoil in neighboring Hungary affects Austrian banks, S. & P. said.

The RBI move is in line with the government's stance that cryptocurrencies are not legal tender and is also in sync with greater regulatory scrutiny by central banks of several other countries including the US, Japan, China and South Korea.

His biography contains elements of an epic novel: growing up the son of a jailed Trotskyist labor leader in whose Chicago home he met Rosa Luxembourg's and Karl Liebknecht's colleagues; serving as a young balance of payments analyst for David Rockefeller whose Chase Manhattan Bank was calculating how much interest the bank could extract on loans to South American countries; touring America on Vatican - sponsored economics lectures; turning after a riot at a UN Third World debt meeting in Mexico to the study of ancient debt cancellation practices through Harvard's Babylonian Archeology department; authoring many books about finance from Super Imperialism: The Economic Strategy of American Empire [1972] to J is For Junk Economics: A Guide to Reality in an Age of Deception [2017]; and lately, among many other ventures, commuting from his Queens home to lecture at Peking University in Beijing where he hopes to convince the Chinese to avoid the debt - fuelled economic model off which Western big bankers feast and apply lessons he and his colleagues have learned about the debt relief practices of the ancient civilizations of MesopotaBank was calculating how much interest the bank could extract on loans to South American countries; touring America on Vatican - sponsored economics lectures; turning after a riot at a UN Third World debt meeting in Mexico to the study of ancient debt cancellation practices through Harvard's Babylonian Archeology department; authoring many books about finance from Super Imperialism: The Economic Strategy of American Empire [1972] to J is For Junk Economics: A Guide to Reality in an Age of Deception [2017]; and lately, among many other ventures, commuting from his Queens home to lecture at Peking University in Beijing where he hopes to convince the Chinese to avoid the debt - fuelled economic model off which Western big bankers feast and apply lessons he and his colleagues have learned about the debt relief practices of the ancient civilizations of Mesopotabank could extract on loans to South American countries; touring America on Vatican - sponsored economics lectures; turning after a riot at a UN Third World debt meeting in Mexico to the study of ancient debt cancellation practices through Harvard's Babylonian Archeology department; authoring many books about finance from Super Imperialism: The Economic Strategy of American Empire [1972] to J is For Junk Economics: A Guide to Reality in an Age of Deception [2017]; and lately, among many other ventures, commuting from his Queens home to lecture at Peking University in Beijing where he hopes to convince the Chinese to avoid the debt - fuelled economic model off which Western big bankers feast and apply lessons he and his colleagues have learned about the debt relief practices of the ancient civilizations of Mesopotamia.

Since then, it has moved between a series of banks in other countries, without telling customers where the exchange's money is stored.

The effect would be to have RMB reserves in all these other central banks — Brazil, Malaysia, India, Mexico and other developing countries — rise in exchange for an equivalent rise in the PBoC's central bank reserves, denominated in all these various currencies.

This is because in China the gap between lending and deposit rates during this century has been much higher than in other developing countries, probably as part of the process of recapitalizing the banks after the last banking crisis at the turn of the century.

And that, in turn, could undermine confidence in the banks of other troubled euro zone countries.

But in others, it very difficult and can require bank transfers, which is not option for many people in these countries.

That's what America has said to banks in Germany and other countries: «You screwed up, you trusted our money managers.»

I think our board, although unusual amongst other boards, there are very few if any other central banks that have this kind of a board, but in our country, for this kind of filter to be applied to the decision process, I think adds to the credibility, to the legitimacy that the whole process has in the eyes of ordinary people and that's very important.

The United States Federal Reserve System works similarly to central banks in many other countries, with a goal of managing economic growth, inflation, and other economic factors through monetary policy.

The graphic above displays the degree to which foreign banks make up the overall share of banking assets in Canada and other OECD countries.

Our models include the Bank of North Dakota and public banks in other countries, which have put public money, such as property, income, sales and business taxes, fees and fines, to work for the public good, in cooperation with community banks and credit unions.

In sum, the U.S. payments deficit and central bank movements out of the dollar, aggravated by U.S. military activity in Iraq and other countries, may indeed trigger a shift of international currency holdings into euroIn sum, the U.S. payments deficit and central bank movements out of the dollar, aggravated by U.S. military activity in Iraq and other countries, may indeed trigger a shift of international currency holdings into euroin Iraq and other countries, may indeed trigger a shift of international currency holdings into euros.

Firouzabadi said Iran's central bank, like that of many other nations, has not come to a stable and defined stance on Bitcoin, noting that many countries look at it as a potentially dangerous option in light of its violent price fluctuations and investment risk.

As one of North America's leading diversified financial services companies, RBC provides personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis, serving close to 15 million clients through offices in Canada, the U.S. and 51 other countries.

Now, in such a scenario where bank transfers and other platforms such as Paypal are becoming expensive, for such countries, large volumes of transfers can be made possible using cryptocurrencies.

This year we have been named Best Private Bank for international clients in the UK, Hong Kong and 15 other countries by the Euromoney 2015 Private Banking and Wealth Management Survey.

In August 2016, the Bank of England had lowered its interest rates to a historic low of 0.25 %, and the potential existed for it to go even lower to be at parity with other countries that had lowered rates to 0 % or even less.

That's because, in this global economy, what one central bank does other countries feel, and vice versa.

The gain came as the head of the Reserve Bank of Australia signaled that Australia will not necessarily follow other countries in raising interest rates.

Such arrangements are a common and valuable feature of institutional systems in other countries with independent central banks and recognise the importance of macroeconomic policy co-ordination.

RippleNet will now connect Indusland to all these other banks in a number of emerging countries.

Among other English - speaking countries, the Bank of England has increased official rates by 100 basis points in four steps to 6 per cent, the Reserve Bank of New Zealand has increased rates by 200 basis points to 6.5 per cent, and the Bank of Canada has increased rates by 125 basis points to 5.75 per cent, with the past four increases immediately following the US Fed (Table 3).

The «spike» in expectations about Australian short - term interest rates is relatively small compared with those evident in other countries, reflecting a high degree of confidence among banks in Australia that liquidity needs have been well provided for.

It has turned its debtor position into a lever, borrowing at no interest charge (to the extent that its currency circulates abroad) or at low interest (mainly from central banks in countries that have no other use for their surplus dollars.

NBAD raised $ 757 million in two equity deals, more than was raised by any other bank in the United Arab Emirates, and led the country's public bond market by raising $ 1.5 billion in 12 bond deals.

Other measures include making it easier for U.S. telecom companies and banks to operate in the other NAFTA countOther measures include making it easier for U.S. telecom companies and banks to operate in the other NAFTA countother NAFTA countries.

Barclays advised its clients on three M&A deals with a total value of $ 2.5 billion, a higher value than any other bank in Israel, and led the country's debt market by raising $ 1.4 billion in three bond deals.

Grupo Aval, based in Bogotá, raised $ 669 million in a single equity deal last year, more than any other bank in Colombia, making it the country's second - highest overall earner of investment banking fees, according to Dealogic.

Due to the oligopolistic nature of the industry (caused, in part, by high barriers to entry), Canada's Big Six are more profitable than similarly sized banks in other countries.